p/w of 10 with sales rising 20% YOY and turns around 80% of profit straight to cash worth 10 in my opinion thats why I bought it @ 550p the steal of the century ....

now out of its 90 day average heading toward 700p withing the month as understand the overhang of float shares out of the way

Experian Group Limited
20 July 2007


Experian Group Limited

Acquisition of The pH Group

Experian, the global information solutions company, announces that it has
acquired The pH Group, the UK market leader in business-to-business marketing
analytics.

Founded in 1987, The pH Group is based in the UK and France. It provides data
and analytics to help clients identify new business opportunities and develop
targeted marketing campaigns. The pH Group operates across a wide range of
industry sectors, including financial services, IT and telecoms.

This acquisition complements Experian's existing portfolio of business
information and marketing solutions and gives Experian leadership in the UK
business-to-business marketing sector.

The pH Group's sales in the year to 31 December 2006 were 6.1m, with gross
assets at 31 December 2006 of 3.98m. It will be included within Experian's
Credit Services activities. The pH Group was acquired from its management team.

They're not sitting still are they??!!

Experian Group Limited
25 July 2007

Experian Group Limited

Acquisition of N4 Solutions



Experian, the global information solutions company, announces that it has
acquired N4 Solutions, a UK-based mortgage sector and financial services
software provider. The acquisition is a strong strategic fit with Experian's
consumer credit activities and represents a natural extension to Experian's
application processing capabilities.


Founded in 1999, N4 Solutions provides industry-leading software which helps
mortgage providers to allocate the most appropriate mortgage to a customer,
while helping financial services clients meet key compliance objectives. Its
clients include large UK mortgage providers, such as Barclays, Nationwide and
Portman.


Sales of N4 Solutions in the year to 31 March 2007 were 9m and gross assets as
at 31 March 2007 were 2m, excluding cash. The company was purchased from its
founders and will form part of Experian's Credit Services activities.

THURSDAY 26TH JULY 2007

SHARES MAGAZINE

Trading Plays:
*Buy - Experian (EXPN.L).

Recent article from The Sunday Times

The Sunday Times' Grant Ringshaw tips Experian. He says: 'Barely a week passes without a rumour of another private-equity bid for Experian, the data and credit-checking company. The logic is impeccable private-equity bidders attracted by Experian's strong cashflows made approaches and were rebuffed before the group was demerged from GUS last October. Meanwhile, in little over a month, three of Experian's international rivals have been snapped up by private-equity predators.

But there are other reasons to hold the shares. Experian's management has not been distracted, last week delivering a 16% rise in full-year earnings before tax and interest.

Experian is also on the hunt for deals it has about $1.4bn to spend, but must be careful not to overpay. There is also a good growth story as it expands into India, China and Latin America. At 18 times next year's earnings, the shares are reasonably priced.

Considering the brokers recommendations along with all the positive news-flow - AND the clear possibility of a bid, the present share price is ludicrously low.

With the share price so low this is definitely my stock of the moment. Interim results are end of next month and with such a well respected management team you can be reasonably sure that the share price will be given a new injection of life !!

This is a cracking company with top management team and tons of promise. I'm not ramping it - just take a look around at what any qualified reporter says. To clarify the present oo-ah re credit raters, Experian has no connection with credit rating whatsoever and is merely engaged in a credit checking operation that simply enables consumers to identify their credit score.

Here's what Goldman Sachs said on Friday;

"Goldman Sachs reiterates its buy stance with price of 665 pence. In a note published this morning, Goldman Sachs said that Experian has underperformed the FTSE 100 by 15% since its de-merger from GUS at the end of 2006, and is at the bottom of its trading range. The broker added that Experian is less cyclical, more cash generative and has greater cross-selling and balance sheet opportunities than many investors believe."

I was beginning to wonder if anyone else had spotted this: -With subprime issues causing problems for lenders they are going to be requiring more detailed information about prospective borrowers in future. That means extra fees and more money in the bank for Experian.
A good time to accumulate.

Can we stop duplicating posts on the 2 current Experian threads as it's fairly tedious to read everything twice. I'm sure that one thread would suffice at the present time?

No news exists for yesterday rise. It's just the nature of the stock to be up one day and down the next. No doubt it will go down by the same amount today - and that's a good reason to lock in profits. Sell and come back after it's fallen again.

Likewise, there was no news associated with the fall in the sp.
May be it's just regaining the level which reflects a true value of the company?

Long weekend - during which ANYTHING can happen due to ongoing market volitility. Have sold off and will take another look next week.

What does that mean, "long weekend, during which anything can happen"? Nothing is going to happen. The UK market will be shut. It will react to the US market like it does every day. Nothing special is going to happen because the market makers and movers & shakers aren't at work.

Something will happen - you can bet on that !!!
You'll come back Tuesday with egg all over your face !!

Bank of China shares fall on sub-prime concern
Read full article here


'Rocket scientist' behind Barclays' complicated debt deals quits and disappears as his boss tries to shrug off City fears of a damaging credit crunch...
Read full article here

``The BOE is either going to stay on hold or raise rates, but it's definitely not going to cut,''
Read full article here


FTSE 100   to plunge another 10%   as year-long bear market looms
Read full article here


Record numbers face debt meltdown
Read full article here


Markets fear there is more to come
Read full article here


"...it would be naive to think the worst is behind us."
Read full article here


Hedge funds braced for more pain
Read full article here


History says bear market may have begun.
Read full article here



-----------------------------------------------------------------------------------



The last time the FTSE100 reached the heady heights of 2006 was in 2000.
The chart below shows what happened then. It took the best part of 3 years before it finally hit rock bottom.
From this, you may well deduce that this months downturn could well be the beginnings of something that will last a while yet.
My own feeling is that the FTSE100 won't begin to recover again until it has first breached 4800 - sometime next year.

That chart in the above post deserves a bit of attention. I mean, how obvious does it have to be ???

Analysts at Deutsche Bank Securities maintain their "buy" rating on Experian while reducing their estimates for the company. The target price has been reduced from 723p to 614p. In a research note published yesterday, the analysts mention that the recent decline in Experian's share price seems to be overdone, despite a rise in risks associated with the company. The consumer credit markets are currently much more resilient than is believed by the market, the analysts say. The EPS estimates for 2008 and 2009 have been reduced by 4% and 9%, respectively.

The Investment Column: Experian's high rating is open to question after cautious outlook
Published: 11 October 2007


The sub-prime crisis that has gripped the financial markets for the past three months may no longer be making the headlines but the fallout has plenty of legs left in it.

Experian, the world's largest consumer credit rating agency, was sharply lower in yesterday's trade on the back of cautious comments on the UK and US markets the company made along with a first-half trading update. To say that the market looks challenging is an understatement.

Even so, the numbers themselves were encouraging despite the underlying market conditions. Total growth for the first half should come in at 17 per cent, 6 per cent of which was organic. The company is confident it will hit market forecasts for the full year, implying pre-tax profits in the region of 425m, translating into per-share earnings of 31.9p.

However, the shares have been highly rated since demerging from GUS a year ago, so it is no wonder the market reacted so negatively to yesterday's statement. But bad news rarely comes in ones and investors have little reason to believe that there is going to be any positive news in the credit markets any time soon.

Of particular concern is the performance of LowerMyBills, a US subsidiary involved directly in the sub-prime mortgage market, where revenues fell by 20 per cent. Experian said that not including LowerMyBills organic growth would have been 2 per cent higher, but that is completely irrelevant.

The news from outside developed markets was more encouraging. The 65 per cent stake in Serasa, a Brazilian agency acquired in June for $1.2bn (590m), delivered organic growth at constant exchange rates of 46 per cent, and with an $800m war chest Experian is well positioned to make further acquisitions.

The shares trade on approximately 14.3 times forecast 2008 earnings, not overly expensive but not exactly a bargain either. The fallout from the sub-prime disaster is just beginning to filter through and the downside risk must outweigh the upside. Despite this solid performance and yesterday's sell off, there are not enough good reasons to buy the shares.